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Per Capita Income The following ten states have the lowest PCI, in ascending order: Mississippi ($39,368), West Virignia ($42,336), Alabama ($43,984), Kentucky ($44,017), Arkansas ($44,845), South Carolina ($45,314), Idaho ($45,642), Arizona ($46,233), and North Carolina ($47,803).
- Average Income by State 2024
Median household income is different from per capita...
- Average Income by State 2024
Per capita income (PCI), or average income, measures the amount of income earned per person in a nation or geographic region. It is calculated by dividing the region's income by its population. PCI includes every adult and child, even newborn babies, as a member of the population.
List of states by adjusted per capita personal income estimates the per capita personal income of residents of U.S. states adjusted by differences in the cost of living, called "regional price parities" by the U.S. Bureau of Economic Analysis.
Among all, Connecticut leads the pack with its residents earning an average annual income of $84,972. Massachusetts follows a close second at $84,945, demonstrating one of the tightest races for the top position. On the other end of the spectrum, Mississippi has the lowest per capita income at $46,248, significantly lower than the national average.
Data is given according to the 2021 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas. [ note 1 ] States and territories ranked by median household income.
Median household income is different from per capita personal income, which was $60,320 at the end of Q3 of 2020. This is $2,801 higher than in Q1 of 2020 and $3,728 higher than in Q3 of 2019. Average incomes by state range from $41,776 in Mississippi to $88,702 in the District of Columbia.
5 Ιουλ 2024 · U.S. real per capita GDP 2023, by state. Published by Statista Research Department, Jul 5, 2024. Out of all 50 states, New York had the highest per-capita real gross domestic product...
